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Deductions & credits
You mentioned to ThomasM125 earlier you were working in the Turbo Tax Business program. Since you have multiple partners, you should be in the Turbo Tax Business Program preparing a Partnership 1065 return. If I am mistaken, please let me know.
This was the page I was referring to in the Turbo Tax Business Product that follow the menu path I gave you. if you are working in a Turbo Tax personal product, you need to to switch to the Business product to properly file your business return. Here is what the screen looks like in a business return. The assets you will record here includes a business vehicle. Follow the prompts.
If you have additional questions, please reach out.
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March 27, 2024
6:29 AM